The Open Innovation Methods Matrix – Part 1.

When it comes to open innovation, knowing where to start or what to do next can often be the hardest decision. This uncertainty leads to inaction and missed opportunities. To counter this, we have produced a simple tool (below), which is based on our range of practical experience, to show the most common and relevant methods to successfully innovate openly.

There are varying degrees of openness that are relevant and helpful depending on your sector and circumstances (the X-axis), which include:

Open Inside – Breaking down internal silos and connecting and empowering employees to contribute to innovation.

Hi Coco. I couldn’t agree with you more. Lots of evidence (e.g. Gartner) suggests that in most FTSE companies only around 20% of employees are engaged which leads to huge untapped potential and resources. And this is one of the reasons why 3 of the boxes on the left hand side of the matrix are all about accessing employee talent, ideas and capabilities. All the best, Roland

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